The nonperforming loan market can turn on a dime, or so we're told. It appears that some investors are now trying to trade portfolios but aren't getting the prices they want in regard to 'BPO' or broker price opinion. We can't name names but it's well known that PennyMac and Deutsche Bank have NPL offerings out there in the market. Meanwhile, rumors abound that PennyMac has signed Impac Mortgage Holdings to be a correspondent for its conduit...
The GSEs' financials are strong but odds are against a short-term change to conservatorship that would give stockholders access to their profits, Mizuho said.
Here are the 50 most prolific mortgage originators in the U.S. as measured by units produced, according to the 2026 National Mortgage News Top Producers survey.
The promotion offers rate cuts as much as 25 basis points on new-home purchases as well as rate-and-term and cash-out refinance loans from May 4 through May 17.
"In looking at eight currently available proprietary RM products, there is a distinct relationship between HECM growth rates and proprietary product availability," Reverse Market Insight said.
The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
The combination adds to a wave of broader merger and acquisition activity that includes an ongoing bidding war over RoundPoint Mortgage owner Two Harbors
